Nev. Rev. Stat. § 164.710
Administration of trust or estate by fiduciary in accordance with its terms or in accordance with provisions of NRS
Nevada · Nevada Revised Statutes Chapter 164 — Administration of Trusts · Status: effective
Cite this
- Citation
- Nev. Rev. Stat. § 164.710, Administration of trust or estate by fiduciary in accordance with its terms or in accordance with provisions of NRS, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2086667
- Permanent ID
ys:prov:2086667@1- SHA-256
0b2a56f8c8b9497a1ac49be579b55f53f7d689531a2a7edd331a506fab0c393f
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
In performing his or her duties under NRS 164.700 to 164.925, inclusive, a fiduciary:
1. Shall administer a trust or estate in accordance with the terms of the trust or the will, even if there is a different provision in NRS 164.700 to 164.925, inclusive;
2. May administer a trust or estate by the exercise of a discretionary power of administration given to the fiduciary by the terms of the trust or the will, even if the exercise of the power produces a result different from a result required or permitted by NRS 164.700 to 164.925, inclusive; and
3. Shall administer a trust or estate in accordance with NRS 164.700 to 164.925, inclusive, if the terms of the trust or the will do not contain a different provision or do not give the fiduciary a discretionary power of administration.